HomeMy WebLinkAbout24-13 - ADMIN Resolution - Economic Development Authority - 2024/08/05EDA Resolution No.24-13
Authorizing application for a grant from Hennepin County's environmental
response fund on behalf of Trellis Co.for Perspectives rehabilitation project
Whereas,the St.Louis Park Economic Development Authority is eligible to make
application for grant funds from Hennepin County's Environmental Response Fund;and
Whereas,Trellis Co.,or an affiliate thereof or an entity related thereto (the
"developer")is submitting an application to the Minnesota Brownfield's gap financing program
through Hennepin County's Environmental Response Fund (the "ERF");and
Whereas,the developer intends that grant funds will be used for environmental clean-
up in connection with the construction and rehabilitation of existing building into affordable
housing located at 2760,2768,2753,2759 and 2765 Louisiana Court in the City of St.Louis Park
(the "project");and
Whereas,the authority understands that grants funded through the ERF are intended to
fund a portion of the costs of environmental cleanup of brownfield properties;and
Whereas,Minnesota Statutes,Section 383B.81 requires a resolution authorizing the
application from the governing body of the municipality where the project is located;and
Whereas,this resolution shall neither serve to endorse the project nor operate as a
substitute for any other required city approvals required for the project,
Now,therefore,be it resolved that the St.Louis Park Economic Development Authority
supports the request by the developer for an ERF grant through the Hennepin County
Department of Environmental Services to finance a portion of the costs associated with
environmental remediation of the proposed project.Authority staff is authorized to submit all
documents necessary in connection with the developer's application.
Adopted by the Economic Development
~.Gf-ify gust 5,2024
Lynette Dumalag,president